Some senators prefer banknotes made of abaca not polymer

MANILA, Philippines — Some senators prefer banknotes made with abaca rather than polymer.

The senators shared their opinions on the matter on Wednesday after Senate Minority Leader Aquilino Pimentel III delivered a privilege speech on abaca, also known as Manila hemp, during the plenary session.

“Another issue more concerning to me is the shift in the material we use for our banknotes: the shift from abaca to polymer or plastic. So, why shift? From abaca which shouts ‘I am Filipino’ to the entire world, to plastic which is considered as nothing more than ‘plastic’ in the entire world,” Pimentel said.

He noted that shifting the banknotes’ material to polymer would be “detri…

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